BASSETT, Va. — Bassett Furniture Industries, Inc. announced that sales and earnings for the first quarter, which ended Feb. 25, 2023, were down, but there were some positives such as the alleviation of supply chain disruptions, material costs normalizing, inventory under control, and technology improvements in terms of its digital platform.Still, uncertainties remain and the company is hoping to “gain clarity on consumer behavior over the next few months,” said Spilman. The company is an FDMC 300 that ranks #38 with sales of $324.6 million in sales.